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Option 4 : Only III does not follows
The least possible venn diagram is,
[ alt="F1 T.D 18.1.20 Pallavi D24" src="//storage.googleapis.com/tb-img/production/20/02/F1_T.D_18.1.20_Pallavi_D24.png" style="width: 314px; height: 65px;">
Conclusion:
I. All lake being ocean is a possibility → True
II. No bay is a sea → True
III. Some bay being ocean is a possibility → False
As we can see here, since no bay is an ocean, conclusion III is incorrect.
Options 1 states that only I follows while conclusions I and II both follow, hence, option 1 would not follow.
Similarly, option 1, option 2 and option 3 do not follow.
Hence option 4 is the right one
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